Sensex, Nifty open on a high on Monday, Wipro, Lupin early gainers

Sensex hits life-time high of 32135.91 points at opening, Nifty scales new peak

Intra-day trade saw both the indexes hitting fresh record highs of 32,320.86 and 9.982.05, respectively. "The gains in the Nifty were supported by impressive gains in index pivotals HDFC Bank, RIL, ITC and Infosys", Deepak Jasani, Head of Retail Research, HDFC Securities, told IANS.

The benchmark BSE Sensex resumed higher at 32,100.22 and moved between all time high of 32,232.63 and a low of 32,058.33 in morning trade. Sensex surged over 100 points to 32,135.91, a fresh all-time high, while the NSE benchmark Nifty added almost 25 points scale a fresh high of 9,939.30 despite weakness across other Asian shares. Stocks rose on better-than-expected quarterly corporate results.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) also scaled a new park and was trading 15.50 points or 0.16 per cent higher at 9,930.75 points.

Reliance Industries rallied 2.2 percent to extend Friday's rally after posting strong quarterly results and announcing a 1:1 bonus issue.




In Asia, slipped with the MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2 percent.

However, the BSE market breadth was bearish with 1,413 declines and 1,303 advances.

However, the rupee depreciated 10 paise, to 64.42 against the dollar in afternoon deals at the forex market.

However, shares of Lupin were up by two percent, followed by a surge in the shares of Wipro, Reliance Industries and Adani Ports.

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